Answer:
yeah sure what do you want to ch.At about
Explanation:
because i don't really care what we talk abt
Answer:
mixing WIP 10,000
packaging WIP 28,000
raw materials inventory 38,000
mixing WIP 8,000
packaging WIP 36,000
wages payable 44,000
mixing WIP 12,000
packaging WIP 54,000
Factory overhead 66,000
packaging WIP 21,000
mixing WIP 21,000
FInished Goods 106,000
packaging WIP 106,000
Explanation:
the cost for each department are assignet
then we transfer from mising to packing
and finally from packaging to finished goods.
Answer:
Debit to work in process for $79,000
Explanation:
The journal entry is shown below:
Work in process Dr $79,000
To Direct material $79,000
(Being requistion from the storeroom is recorded)
Here work in process is debited as it increased the assets and credited the direct material as it decreased the assets
Working note
Total material requisitions. = $ 83,000
Less : Indirect material. =. ($ 4000)
Direct material $79,000
Answer:
The C Corporation was incorporated on January 1 of 2013.
Explanation:
A corporation is a legal entity that constitutes a body to the eyes of the law. it is formed to run a particular business and has as main characteristic the Limited Liability of their owners.
Incorporation is the legal process needed to be followed in order to create a corporation. Thus. If C corporation was formed on January 1, 2013. The Incorporation day is the same January 1, 2013.
Answer:
B. $2,732,000.
Explanation:
After-tax operating income (ATI) = $3,200,000
Weighted-average cost of capital (WA) = 9%
Assets (A) = $7,000,000
Liabilities (L) = $1,800,000
Economic value added (EVA) is given by:
![EVA = ATI -[(A-L)*WA]\\EVA = \$3,200,000 - [(\$7,000,000-\$1,800,000)*0.09]\\EVA = \$2,732,000](https://tex.z-dn.net/?f=EVA%20%3D%20ATI%20-%5B%28A-L%29%2AWA%5D%5C%5CEVA%20%3D%20%5C%243%2C200%2C000%20-%20%5B%28%5C%247%2C000%2C000-%5C%241%2C800%2C000%29%2A0.09%5D%5C%5CEVA%20%3D%20%5C%242%2C732%2C000)
Endotrope's economic value added is $2,732,000
